
Al Madina A'Zarqa (formerly known as Blue City) is a $15 billion mega city project in the Sultanate of Oman. Spread over 32 square kilometres and 16 kilometres of coastline along the coastal region at Al Sawaadi, only 45 minutes from Muscat.
The credit crunch has recently stopped international developers pouring billions of dollars into places such as Dubai, Oman, Qatar and other places in the United Arab Emirates. Despite most investors looking upon the Middle East as a volatile and unattractive sector in which to place their money, shrewd investors know that this is a highly lucrative market that has just slowed down for a little while and will once again be tapped by the international community for large gains. |
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